{"url":"https://etfiq.com/compare/leverage/ggll-vs-ggls","section":"compare","title":"GGLL vs GGLS: which held to its multiple? | ETFIQ","description":"GGLL sets out to return +2 times GOOGL each day and GGLS -1 times. Over the three months to Sep 30, 2026 they finished \u22124.6 pts and \u22121.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, GGLL or GGLS?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, GGLL finished 4.6 points from what its multiple implies and GGLS finished 1.5 points from its own, so GGLS came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are GGLL and GGLS levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Alphabet, GGLL at +2 times and GGLS at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, GGLL or GGLS?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window GGLL\u2019s moved at 34% annualized and GGLS\u2019s at 34%, so GGLL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold GGLL or GGLS for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, GGLL or GGLS?","acceptedAnswer":{"@type":"Answer","text":"GGLL charges 0.96% a year and GGLS charges 1.02%, so GGLL is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"GGLL vs GGLS","item":"https://etfiq.com/compare/leverage/ggll-vs-ggls"}]},{"@type":"WebPage","name":"GGLL vs GGLS: which held to its multiple?","description":"GGLL sets out to return +2 times GOOGL each day and GGLS -1 times. Over the three months to Sep 30, 2026 they finished \u22124.6 pts and \u22121.5 pts away.","url":"https://etfiq.com/compare/leverage/ggll-vs-ggls","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, GGLL finished 2.3 points short and GGLS 1.2 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of GGLL and GGLS","description":"GGLL sets out to return +2 times GOOGL each day and GGLS -1 times. Over the three months to Sep 30, 2026 they finished \u22124.6 pts and \u22121.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/ggll-vs-ggls","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7147,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / GGLL vs GGLS \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n GGLL vs GGLS: which held to its multiple?\n\n Over three months against its own daily promise, GGLL finished 2.3 points short and GGLS 1.2 points over.\n Copy this for sharing \n \n Direxion Daily GOOGL Bull 2X ETF and Direxion Daily GOOGL Bear 1X ETF.\n\n Download as PDF \n\n \u221214.0% GGLL returned, 3 months \n +3.2% GGLS returned, 3 months \n \u22124.6 pts GGLL from its stated multiple \n \u22121.5 pts GGLS from its stated multiple \n\n ETFIQ Decay Resistance Score: GGLL scores higher\n Did it k","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/ggll-vs-ggls","a":{"ticker":"GGLL","name":"Direxion Daily GOOGL Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: GGLL returned \u221214.0% where its own daily promise gave \u221211.7%, 2.3 points short.","url":"https://etfiq.com/funds/ggll","key_facts":[{"label":"What GOOGL did","value":"\u22124.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221211.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221214.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$1.1bn","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.96%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"GGLS","name":"Direxion Daily GOOGL Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: GGLS returned +3.2% where its own daily promise gave +2.0%, 1.2 points over.","url":"https://etfiq.com/funds/ggls","key_facts":[{"label":"What GOOGL did","value":"\u22124.7%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"+2.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+3.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$13m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.02%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/ggll-vs-ggls"}